Ukraine’s Antimonopoly Committee has fined seven oil traders 204.325 million UAH for collusion in setting fuel prices. According to the committee, OKKO Naftoproduct was fined for 77.881 million UAH, WOG Retail LLC – 54.036 million UAH, Alliance Holding LLC – 39.711 million UAH, Zoloty Ekvator (Golden Equator) LLC – 16.195 million UAH, AMIC Ukraine (before…
Lawmakers of Kyiv City Council have revised the budget and the city’s social and economic development program for 2016. The press service of Kyiv City Administration reported that in January-September the budget received 27.8 billion UAH, and this was 118% of the target. Kyiv received additional 4.3 billion UAH. “Kyiv City Council sent 280 million…
Roshen Corporation received $72.06 million of dividends from operation of its Lipetsk assets for 2014-2016 and the money was moved to Ukraine. The funds were invested in charity projects and production development. In 2014-2016 Roshen sent 165.85 million UAH to build the Theatre on Podol (Kyiv). The theatre will be opened in 2017. Some 54…
Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy and chairman of the European Parliament Committee on Foreign Affairs Elmar Brok called on the European Parliament to vote for the introduction of the visa-free regime with Ukraine by the Euromaidan anniversary dated November 21, 2016. Parubiy met with Brok at the Jean Monnet Conference, the…
The National Bank of Ukraine (NBU) intends to replenish the national budget in November and December, transferring tranches in the amount of 14 billion UAH and 14.164 billion UAH respectively, NBU Head Valeriya Gontareva has said. “The National Bank has transferred 10 billion UAH of profit. The remaining amount will be transferred in two tranches…
A mission of the International Monetary Fund (IMF) will arrive in Ukraine in early November, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva said. The arrival of the IMF mission to Ukraine under the Extended Fund Facility (EFF) program had originally been expected on October 26. (Interfax/Business World Magazine)
The 2017 budget bill has been passed into law with a surplus worth Br1.496 billion ($787.203 million). The government posted the document on its official web site for legislative information on October 26. 2017 budget revenues were approved at Br18.235 billion ($9.595 billion), expenditures – Br16.739 billion ($8.808 billion). The major source of state budget…